Case Study Of Tri City Manufacturing Company

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Assets In the year 2015, Tri-City had their current assets at $125,599,000, capital assets (net) at $109,509,000, and non-current assets of $21,763,000, which totals $256,421 in total assets. Their cash flow in cash and equivalents is $15,711,112, restricted cash investments are $51,418,000, patients’ accounts receivable are $43,587,397, and other receivables are $1,972,226. Their supplies inventory is $7,401,180, the pre-paid expenses and other assets are $2,691,937, and the estimated third-party payor settlement is $2,817,491 which totals $125,599,343 in total current assets and in combination their total assets are $256,420,614. (p.11)
Revenues
Net patient service revenue is $311,993,429, the premium revenue is $17,893,104, and the other
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Their estimated third-party payor settlements liabilities are $11,574, the other accrued liabilities are $30,139, and the accrued interest payable is $9,861 which equals $137,148 in total current liabilities. The worker’s compensation (net position) is at $699, fair value of interest rate swap at $28,664, and the long-term debt (net of current position) at $1,136,411 which is a total of $1,302,922 of total liabilities. (p. …show more content…
The cash flow from operating activities include patients, insurers, and other third-party payors at $731,824, other sources are $18,801, and the payments to employees are ($383,540) and the payments to suppliers are ($313,039) which give a net cash from operating activities a total of $54,046. The cash flow from capital and related financing activities include acquisition of capital assets of ($8,189), interest paid ($45,122), repayment of long-term debt ($3,767), recovery of owner controlled insurance program premium is $12,200, the receipt of property taxes restricted for debt services on general obligation bonds is $17,730 and other cash flow activities are ($340) which give a total net cash used in capital and related financial activities to ($27,488). In addition, without further detail, their cash flows from investing activities were also not appealing at ($44,893). (p. 16)
Sharp
Sharp Healthcare began as San Diego Hospital Association; in 1950 Thomas E Sharp donated $500,000 to this non-profit organization to honor his son who lost his life fighting for his country. This is when it was decided to rename the hospital to Donald N Sharp Memorial Community Hospital. Over the years Sharp Healthcare has extended their services into four

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